Broadband Grant Tax Treatment Act

Excludes certain broadband deployment grants from federal taxable income. It also blocks “double dipping,” so recipients cannot claim deductions, credits, or other tax benefits for the same costs paid with these tax‑free grant dollars.

The Treasury must issue guidance on which broadband grants qualify and how to apply the rules. The change applies to amounts received in taxable years ending after March 11, 2023, which generally covers the 2023 tax year for calendar‑year filers.